Sperle Corporation Has Provided the Following Data Concerning Its Stockholders

question 301

Multiple Choice

Sperle Corporation has provided the following data concerning its stockholders' equity accounts: Net income for Year 2 was $30,400. Dividends on common stock during Year 2 totaled $6,400. The market price of common stock at the end of Year 2 was $3.08 per share.The company's dividend yield ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) 21.1%
• B) 2.6%
• C) 1.6%
• D) 14.7%

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Definitions:

Evaluation Interview

A method used in various contexts, including job interviews and performance appraisals, to assess an individual's competencies, achievements, and potential.

Minimize Criticism

The practice of reducing negative feedback or judgments to foster a more positive or constructive environment.

Self-Assessment

An individual's evaluation of their own performance, skills, or qualities, often for personal development.

Poor Performance

The situation in which an employee's work does not meet established standards or expectations.